Global Beta Glucan Market Size, Share, and COVID-19 Impact Analysis, By Source (Yeast, Mushroom, Cereal, Seaweed, and Others), By Application (Food & Beverages, Cosmetics & Personal Care, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Global Beta Glucan Market Insights Forecasts to 2033

• The Global Beta Glucan Market Size was Estimated at USD 553.6 Million in 2023
• The Market Size is Expected to Grow at a CAGR of around 7.98% from 2023 to 2033
• The Worldwide Beta Glucan Market Size is Expected to Reach USD 1192.7 Million by 2033
• Asia-Pacific is Expected to Grow the fastest during the forecast period.

The Global Beta Glucan Market Size is Expected to cross USD 1192.7 Million by 2033, Growing at a CAGR of 7.98% from 2023 to 2033.

Market Overview

The global beta glucan market focuses on the production, distribution, and application of beta glucan, a naturally produced soluble fiber found primarily in cereal grains (such as oats and barley), yeast, fungi, and certain types of seaweed. Beta glucan is known for its health benefits, such as improving immune response, lowering cholesterol, regulating blood sugar, and improving gut health. It is commonly used in nutritional supplements, functional foods and beverages, pharmaceuticals, livestock feed, and cosmetics. The global beta glucan market presents significant opportunities, fueled by rising demand for functional foods and immune-boosting supplements. As consumers around the world prioritize health and wellness, the use of beta glucan in cholesterol-lowering foods, energy bars, fortified beverages, and dietary supplements is growing. There is more room for innovation in skincare and cosmetic products, where beta glucan is valued for its moisturizing and anti-aging properties.

Report Coverage

This research report categorizes the beta glucan market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the beta glucan market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the beta glucan market.

Driving Factors

Consumer health awareness is increasing, driving demand for natural, functional ingredients with proven health benefits. The rising prevalence of lifestyle-related disorders such as heart disease, diabetes, and obesity is encouraging people to use cholesterol-lowering and blood sugar-regulating beta glucan products. Advances in extraction and purification technologies are enhancing product quality and broadening the applications. Furthermore, the clean-label movement and the growing preference for plant-based and sustainable ingredients are driving beta glucan adoption in the food, beverage, and personal care industries. Government initiatives promoting healthy eating habits and fortifying foods with dietary fibers are also helping to drive market growth.

Restraining Factors

The global beta glucan market faces constraints such as the high cost of extraction and purification processes, which may limit the affordability of mass-market products. The variability in the quality and potency of beta glucan from various sources can have an impact on product consistency and consumer trust. Regulatory issues relating to health claims in various regions may also impede marketing efforts. Furthermore, limited awareness of beta glucan's benefits outside of developed markets may stifle global growth.

Market Segmentation

The beta glucan market share is classified into source and application.   

• The cereal segment held the greatest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

Based on the source, the beta glucan market is divided into yeast, mushroom, cereal, seaweed, and others. Among these, the cereal segment held the greatest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. This dominance is primarily due to the widespread use of cereal-derived beta glucans, particularly oats and barley, in functional foods, dietary supplements, and health drinks. Cereal beta glucans are highly valued for their scientifically proven benefits in cardiovascular health, cholesterol reduction, and digestive health.

• The food & beverages segment accounted for the majority of the share in 2023 and is estimated to grow at a remarkable CAGR during the projected timeframe.

Based on the application, the beta glucan market is divided into food & beverages, cosmetics & personal care, and others. Among these, the food & beverages segment accounted for the majority of the share in 2023 and is estimated to grow at a remarkable CAGR during the projected timeframe. This is largely because beta glucans are increasingly being incorporated into functional foods, health supplements, and fortified beverages with the goal of boosting immunity, improving heart health, and supporting digestive wellness. Rising consumer awareness of natural fibers' health benefits, combined with increased demand for clean-label and plant-based ingredients, is hastening beta glucan adoption in the food and beverage industry.

Regional Segment Analysis of the Beta Glucan Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the beta glucan market over the predicted timeframe.

North America is anticipated to hold the largest share of the beta glucan market over the predicted timeframe. This dominance is due to high consumer awareness of beta glucans' health benefits, their widespread use in functional foods and dietary supplements, and a well-established nutraceuticals industry. The rising prevalence of lifestyle-related diseases such as diabetes, heart disease, and obesity has resulted in a greater emphasis on preventive healthcare, boosting demand for beta glucan-enriched products. Furthermore, the presence of major food, beverage, and pharmaceutical companies investing in innovative formulations helps the region maintain its market leadership.

Asia-Pacific is expected to grow at the fastest CAGR growth of the beta glucan market during the forecast period. This region's growth is being driven by rapid urbanization, rising disposable incomes, and increased consumer health consciousness. Countries such as China, Japan, South Korea, and India are experiencing an increase in demand for functional foods, natural supplements, and skincare products containing beta glucans. Furthermore, expanding retail networks, rising e-commerce penetration, and increased investments in R&D by regional players are expected to support the beta-glucan market's rapid growth in Asia-Pacific.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the beta glucan market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Zilor Inc (Biorigin)
• Cargill Incorporated
• Biotec Pharmacon ASA
• Immunomedics
• Super Beta Glucan Inc.
• DSM NV
• Garuda International, Inc.
• Millipore Sigma
• Tate & Lyle plc (Tate & Lyle Oat Ingredients)
• Groupe Soufflet SA (AIT Ingredients)
• Biothera Pharmaceticals
• Ceapro Inc.
• Frutarom
• GlycaNova AS
• Lesaffre Human Care
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the beta glucan market based on the below-mentioned segments: 

Global Beta Glucan Market, By Source

• Yeast
• Mushroom
• Cereal
• Seaweed
• Others

Global Beta Glucan Market, By Application

• Food & Beverages
• Cosmetics & Personal Care
• Others

Global Beta Glucan Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa